Content Warning: This section of the guide features descriptions of graphic violence, the death of children, implied rape, and abusive relationships.

Lost Boy begins with a warning from the narrator, Jamie, who declares that Peter Pan is a liar. Although Jamie once loved Peter, Peter now sees Jamie as a villain. Jamie is here to tell his side of the story, which is what “really happened.”

Jamie dreams of a dead woman who is covered in blood, her throat slit. He has the same dream every night. He does not know who she is, and there are no girls or women on the island. Peter brought him to this island a long time ago and told him to forget his old life. Peter finds boys in the “Other Place” (the real world) and brings them to this magical island, where they never grow up. The boys all live in a hollow tree. Now, Jamie awakens when he hears Charlie crying in his sleep. Charlie is the youngest boy and one of the newest. After comforting the five-year-old boy, Jamie tells Peter that Charlie is too young to be on the island at all.